SUBJECT-0614.dossier · institution · status: active
FY
subject of file

Federal Reserve Bank of New York

Managing member and consolidating entity of Maiden Lane LLC
Tracked because Managing member and consolidating entity of Maiden Lane LLC · 21 documented connections
Facts on record5
Connections mapped21
Sources cited9
✦ Thin coverage gap +70 connected to 21 entities · only 5 facts on record · flagged for follow-up research
Evidence: 4P 1S
Network web → Timeline → Compare with… → Position Drift → Coverage tone → View on Graph → View Card → Export CSV JSON Dossier ← Entity Directory
Stated vs Revealed
No documented contradictions on file.
[PUBLIC COST ESTIMATE]
Documented financial relationships span 0 money flow chains, while 10 elected officials hold documented connections.
0Money Chains
0Traced Hops
Connected Officials
Calculation Methodology

Contract values are summed from documented money flow chains where this entity appears as a source or destination node. Amounts are drawn from USASpending.gov, FEC filings, SEC EDGAR, or LD-2 lobbying registrations.

Donor contributions aggregate documented amounts from the donor_interests table, sourced from FEC individual and PAC contribution filings.

Connected officials are elected officials in our database with a mapped relationship (lobbying, board membership, campaign contribution, etc.) to this entity.

Annualised flow represents the total documented dollar amount traced through money flow hops involving this entity. Where hop-level amounts are unavailable, the chain-level documented total is used as a conservative upper bound.

All figures are drawn from public filings. Estimates are conservative — undisclosed transactions, dark money, and vanish-point hops are excluded from totals. This is a minimum documented floor, not a ceiling.

PATTERN elected official → [colleague] → elected official → [over... 624× PATTERN elected official → [oversight] → institution → [contracto... 201× PATTERN elected official → [oversight] → institution → [oversight... 137× PATTERN company → [subsidiary] → company → [contractor] → institu... 125× PATTERN company → [donor] → elected official → [oversight] → inst... 90×
Connection Map
Key Connections
← Long-Term Capital Management company
bailout_organizer
The Federal Reserve Bank of New York organized the 1998 rescue of Long-Term Capital Management, coordinating 14 banks to inject $3.6 billion.
← Timothy Geithner person
Employment
Timothy Geithner served as President and Chief Executive Officer of the Federal Reserve Bank of New York from 2003 to 2009.
→ JPMorgan Chase company
facilitated takeover via loan
The FRBNY's creation of Maiden Lane LLC and $28.82 billion loan facilitated JPMorgan Chase's takeover of Bear Stearns.
← Primary Dealer Credit Facility (PDCF) institution
administered_by
The Primary Dealer Credit Facility (PDCF) was administered by the Federal Reserve Bank of New York as part of emergency lending facilities during the 2008 financial crisis.
← Henry Paulson person
oversight
Henry Paulson coordinated with the Federal Reserve Bank of New York (led by Timothy Geithner) on the bailout of Bear Stearns and other crisis interventions.
← State Street company
contractor
State Street Corporation contracted with the Federal Reserve Bank of New York (FRBNY) to provide services for Maiden Lane LLC.
← Elizabeth Warren elected official
oversight
Warren's TARP oversight panel investigated the New York Fed's role in the AIG bailout and its oversight of financial institutions.
→ Maiden Lane LLC instrument
managing_member
FRBNY serves as managing member and consolidates Maiden Lane LLC
Facts (5)
Data Freshness
Ageing Last update: 161d ago · Avg age: 833d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (4)
Independently re-checked: a second model read the source artifact and confirmed it supports the extracted claim.
✓ verified Pending Review The FRBNY required BlackRock to provide daily reports of inventory, trades, and risk assessments for the SMCCF using BlackRock's Aladdin platform.
Date: 2020-03-27 Added: 02 May 2026 UNVERIFIED Terms of Assignment for BlackRock on Behalf of the Federal Reserve Bank of New Y…
✓ verified Pending Review The FRBNY retained BlackRock Financial Markets Advisory as a third-party vendor to serve as the investment manager for the SMCCF.
Date: 2020-03-24 Added: 02 May 2026 UNVERIFIED Terms of Assignment for BlackRock on Behalf of the Federal Reserve Bank of New Y…
✓ verified Pending Review During the 2020 pandemic, the FRBNY established the Secondary Market Corporate Credit Facility (SMCCF) and financed a special purpose vehicle called Corporate Credit Facilities LLC.
Date: 2020-03-23 Added: 02 May 2026 UNVERIFIED Secondary Market Corporate Credit Facility
✓ verified Pending Review The FRBNY created Maiden Lane LLC in 2008, extending a $28.82 billion loan to facilitate JPMorgan Chase's takeover of Bear Stearns by purchasing approximately $30 billion of its assets.
Date: 2008-04-29 Added: 02 May 2026 UNVERIFIED Maiden Lane Transactions
Raw Filing Records (1) — unsourced metadata
Pending Review Search scope note: No usaspending contracts found for "Federal Reserve Bank of New York" in automated database search as of 2026-04-13. This reflects search coverage limits, not confirmed absence from public record.
Added: 13 Apr 2026 UNVERIFIED Research: Federal Reserve Bank of New York — USASpending contracts (no results)
All Connections (21)
→ Maiden Lane LLC instrument
managing_member, special purpose vehicle confirmed
FRBNY serves as managing member and consolidates Maiden Lane LLC · Created and consolidated by FRBNY as crisis intervention vehicle
→ Bear Stearns company
rescued_by primary
The FRBNY provided the $28.82 billion Maiden Lane I loan and brokered the JPMorgan acquisition. This was the first time the Fed had extended emergency credit to facilitate the rescue of a non-bank financial institution.
→ Cantor Fitzgerald company
primary_dealer primary
Cantor Fitzgerald is a designated FRBNY primary dealer, authorized to bid at Treasury auctions and trade directly with the Fed. This status gives it privileged access to U.S. government debt markets and Fed liquidity facilities.
→ JPMorgan Chase company
facilitated takeover via loan primary since 2008
The FRBNY's creation of Maiden Lane LLC and $28.82 billion loan facilitated JPMorgan Chase's takeover of Bear Stearns.
→ Larry Fink person
contractor confirmed
The NY Fed enlisted BlackRock via no-bid contracts during both the 2008 financial crisis and the 2020 COVID pandemic to manage distressed securities, value toxic assets, and purchase corporate bonds. These contracts drew scrutiny over conflicts between BlackRock's advisory role and its own investment business.
contractor confirmed
FRBNY contracted BlackRock as investment manager and due diligence advisor for Maiden Lane operations
← BlackRock company
crisis_manager confirmed
Managed toxic assets and bailout programs during 2008 crisis
← Investment Support Office government agency
department confirmed
Specialized staff office created to oversee all Maiden Lane LLC asset management
financial_crisis_coordination secondary since 2009
Both entities involved in financial crisis response programs during 2008-2009 period, with Treasury coordinating PPIP while Federal Reserve Bank of New York managed related crisis interventions
← Aladdin System instrument
contractor primary
FRBNY engaged Aladdin (via BlackRock's FMA division) to value Maiden Lane I, II, and III portfolios in 2008 and to manage corporate bond purchases in 2020. Aladdin's outputs became the official government valuations.
bailout_organizer primary since 1998
The Federal Reserve Bank of New York organized the 1998 rescue of Long-Term Capital Management, coordinating 14 banks to inject $3.6 billion.
← Bear Stearns Bank Plc company
bailout_recipient inferential since 2008
Bear Stearns Bank Plc's managed portfolio through Liquid Funding Ltd. was part of the assets backstopped by the Federal Reserve's $28.82 billion Maiden Lane LLC loan — a publicly-funded rescue.
administered_by primary since 2008
The Primary Dealer Credit Facility (PDCF) was administered by the Federal Reserve Bank of New York as part of emergency lending facilities during the 2008 financial crisis.
← Clarium Capital company
Temporal correlation (non-participant) inferential since 2008
Clarium's 2008 short positions on housing assets occurred contemporaneously with federal emergency interventions by the Federal Reserve, but no documented evidence indicates Clarium received direct federal support.
← Timothy Geithner person
Employment primary since 2003
Timothy Geithner served as President and Chief Executive Officer of the Federal Reserve Bank of New York from 2003 to 2009.
sponsor/creator inferential since 2008
The Maiden Lane entities (Maiden Lane I, II, III) were Special Purpose Vehicles created by the Federal Reserve Bank of New York in 2008 to acquire troubled assets. This trust name suggests it was one of those vehicles, likely holding asset-backed securities from the Bear Stearns portfolio.
← Chuck Schumer elected official
District/constituency connection inferential since 1999
The New York Fed is located in Schumer's state; he has legislative oversight of monetary policy institutions.
potential fiscal year alignment inferential since 2025
The 9-month gap in DOGE's SEC filings aligns with federal fiscal year transitions, which involve Treasury and Federal Reserve budget operations, though no direct filing relationship is established.
← Elizabeth Warren elected official
oversight primary since 2009
Warren's TARP oversight panel investigated the New York Fed's role in the AIG bailout and its oversight of financial institutions.
← Henry Paulson person
oversight primary since 2008
Henry Paulson coordinated with the Federal Reserve Bank of New York (led by Timothy Geithner) on the bailout of Bear Stearns and other crisis interventions.
← State Street company
contractor primary since 2008
State Street Corporation contracted with the Federal Reserve Bank of New York (FRBNY) to provide services for Maiden Lane LLC.
Sources (9)
2026-05-09 UNVERIFIED SEARCH_ERROR: Federal Reserve Bank of New York not found in opencorporates claim_flag Processed 📜 Receipt
2020-04-22 UNVERIFIED Reps. Pressley, García, Tlaib Call for Stricter Oversight over BlackRock Contrac… external_handoff Processed 📜 Receipt
2020-03-27 UNVERIFIED Terms of Assignment for BlackRock on Behalf of the Federal Reserve Bank of New Y… external_handoff Processed 📜 Receipt
2021-12-17 UNVERIFIED Secondary Market Corporate Credit Facility external_handoff Processed 📜 Receipt
2018-09-18 UNVERIFIED Maiden Lane Transactions external_handoff Processed 📜 Receipt
2026 UNVERIFIED Research: Federal Reserve Bank of New York — Parliamentary records (no results) parliamentary_record Processed 📜 Receipt
2026 UNVERIFIED Research: Federal Reserve Bank of New York — Court records (no results) court_document Processed 📜 Receipt
2026 UNVERIFIED Research: Federal Reserve Bank of New York — Lobbying disclosures (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: Federal Reserve Bank of New York — USASpending contracts (no results) contract Processed 📜 Receipt